Property Improvements definition

Property Improvements means any monies invested or otherwise funded by the Company, directly or indirectly to develop, construct, renovate, or otherwise physically improve a Real Estate Asset, including, but not limited to major tenant improvements, whether pursuant to allowances, concessions or rent abatements, all to the extent that the monies invested or funded for each of these purposes were approved by the Board of Directors as part of the initial plan for the Real Estate Asset.

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Property Improvements means any monies invested or otherwise spent by the Company, directly or indirectly, to develop, construct, renovate, or otherwise physically improve a Real Estate Asset, including, but not limited to tenant improvements, whether pursuant to allowances, concessions or rent abatements, all to the extent that the monies invested or funded for each of these purposes were approved by the Board of Directors as part of the initial plan for the Real Estate Asset.

Property Improvements means the improvements and all fixtures constructed, installed and located on the Land as of the Effective Date.

Examples of Property Improvements in a sentence

• Any failure of Landlord to timely send a Residual Value Notice to Tenant shall be deemed an acknowledgement by Landlord that the then-current fair market value of the Land is at least equal to the Guaranteed Land Value and the then-current fair market value of the Property Improvements is at least equal to the Guaranteed Improvements Value (and that the Residual Value Shortfall is “zero”), and the Parties shall have no further obligations under this Section 2(c).

• Any failure of Tenant to timely send an FMV Dispute Notice to Landlord shall be deemed an acceptance by Tenant of Landlord’s determination of the then-current fair market value of the Land and/or the Property Improvements, as applicable (as set forth in the Residual Value Notice).

• If Landlord sends a Residual Value Notice that does not include Landlord’s reasonable determination of the then-current fair market value of either the Land or the Property Improvements, then Landlord shall be deemed to have failed to timely send a Residual Value Notice to Tenant with respect to such excluded Land or Property Improvements, as applicable, and the immediately preceding sentence shall apply solely in respect thereto.

• In the event that Tenant disputes Landlord’s determination of the then-current fair market value of the Land and/or the Property Improvements, Tenant shall send to Landlord a written notice containing an explanation of such dispute (a “FMV Dispute Notice”) within fifteen (15) days following its receipt of the Residual Value Notice.

• Upon the request of any party hereto, whether made before or after the Closing, the parties hereto will allocate the Exchange Value to the Real Property, Improvements, Personal Property, Other Assets and the Intangibles.

More Definitions of Property Improvements

Property Improvements means the improvements to each Property identified and described on the Property Improvement Plan and Budget.

Property Improvements means any structure, swimming pool, boundary wall/fence, garden wall/fence, landscaping, driveway, parking area, external paving/tiling/hard surfacing, external lighting, generator, solar or other panel, camera, post box, water or other storage tank, antenna/satellite/receiver dishes, solar panel/roof light, air conditioners/evaporative cooling/heat pump, burglar alarm, sound system and anything else situated on the property which is externally visible;

Property Improvements. Improvements described in Exhibit A, if any, that are placed on Forest Service land shall remain on such land, shall thereupon become property of the United States, subject to other requirements and limitations of the Federal Power Act, (16 U.S.C. 791 et seq.), and shall be subject to the same regulations and administration of the Forest Service as other Forest Service improvements of a similar nature. No part of this Arrangement shall entitle the Chelan PUD to any share or interest in the improvements other than the right to use and enjoy the same under the existing regulations of the Forest Service or make Chelan PUD responsible for maintenance or upkeep of said improvements.

Property Improvements means, at minimum, two (2) new restaurants including all ancillary improvements such as required parking and landscaping, more fully described in Attachment “B”.

Property Improvements means an improvement that physically makes a permanent change to the Premies. City hereby grants to DAS, and DAS accepts, the option to acquire the property identified as “Tracts E and F” on Exhibit A attached hereto, consisting of approximately 2.77 +/- acres, for the price of $305,000.00, which option may be exercised by DAS after Coweta County, Georgia has obtained and constructed a new Senior Center. This option shall expire no later than ten (10) years from the closing date of the acquisition of the Subject Property by DAS under the terms of this Agreement. In the event that this Option is exercised by DAS, the amount set forth this Paragraph 11 shall increase to an amount equal to the price of $305,000.00 multiplied by any increase in the Consumer Price Index (“CPI”) from the date of this Agreement to the date such option is exercised by DAS. This Agreement shall begin on the date that it is executed by both City and DAS. This Agreement shall not amend, supersede, or otherwise effect any existing agreements between the City and DAS which do not pertain to the Parcels identified in this Agreement.

Property Improvements means any structure, swimming pool, boundary wall/fence,

Property Improvements means any new construction, phased construction, nonexempt repair, reconstruction, or improvement to a parcel which is subject to the requirements of a building permit.